Founded in 2012, Duetto is celebrating its one-year anniversary – a year in which it has built tremendous momentum in the displacement of legacy hotel revenue management systems and other tools, with its Duetto Edge solution.
San Francisco, CA (PRWEB) March 21, 2013
Duetto Research, a Big Data company that is reinventing revenue optimization for hotels, announced that Brian O’Malley, General Partner at Battery Ventures, has joined its Board of Directors.
O’Malley leads the Seed and Early Stage Practices at Battery, which has a strong track record in travel and hospitality -- including successful investments in Sabre, ITA (acquired by Google), Gogobot and HotelTonight. The firm the recently raised more than $900 million in new capital.
Founded in 2012, Duetto is celebrating its one-year anniversary – a year in which it has built tremendous momentum in the displacement of legacy hotel revenue management systems and other tools, with its Duetto Edge solution. Duetto’s SaaS product, Duetto Edge, utilizes Big Data to optimize demand and provide operational intelligence for hotels. In Duetto Edge, all hotel executives, not just revenue managers, have a system for understanding customer demand.
Duetto’s CEO, Patrick Bosworth, said, “We are proud that Brian O’Malley has joined the Duetto Board, after having worked closely with us since Duetto’s inception.” He concluded, “Brian understands how data can better drive decision-making -- and his operational experience in sales, marketing and product development, will continue to be of tremendous value to our progress in market penetration.”
Brian O’Malley said, “Duetto is making incredible strides in generating groundbreaking solutions to resolve hospitality industry problems through Big Data applications, and we have been blown away by the results clients have seen so far.” He concluded, “Because every incremental dollar of revenue falls to the bottom line, Duetto Edge is able to have a huge impact for hotels very quickly after launch.”
Duetto was launched by Bosworth, a former Wynn Las Vegas executive, along with former Wynn executive Marco Benvenuti, and former Salesforce.com Chief Technology Officer Craig Weissman. The Company uses Big Data to power Duetto Edge, its flagship product, which delivers better insights on demand, improves pricing optimization, forecasting and even hotel operations. Early adopters include Sonesta Hotels and Denihan Hospitality Group. Additional announcements are expected in coming weeks.
Duetto announced the closing of its Series A funding in December.
About Brian O’Malley
Brian leads Battery’s Seed & Early Stage practices, while focusing on investments in eCommerce, online marketplaces and Internet applications. During his tenure at Battery, he has invested in Bazaarvoice, Brightedge, Coupa, H.BLOOM, Insitu (acquired by Boeing), J. Hilburn, Joor, HotelTonight, Peerflix (acquired by Live Universe), Prismatic, Serena & Lily, Skullcandy, Sociable Labs, Sosh, TradeKing, Viddy and World Golf Tour. He prides himself on hustling to find unique companies and new markets before other investors recognize the opportunity.
Prior to Battery, Brian spent several years at Bowstreet, Inc., as Director of West Coast Technical Sales and earlier as the company’s Technical Evangelist preaching the future of web service-based APIs. Earlier in his career, Brian assisted founding teams at Matrics, Inc. and Compoze Software with go-to-market strategy and initial fundraising activities. He started his career as a web developer for Motorola Computer Group while only a sophomore in college. Brian has guest lectured on entrepreneurship at several top universities, including Berkeley, Carnegie Mellon, Columbia, Stanford, UVA and Penn. He graduated from the Wharton School at the University of Pennsylvania with a Dual Concentration in Entrepreneurial Finance and Management.
In 2012, Brian was named to Forbes’ up-and-coming Midas List, the VC Draft: Hot Prospects, as well as to the 2012 AlwaysOn Power Player in Mobile list.
About Duetto Research
Duetto Research provides hospitality executives with cutting-edge, easy-to-use solutions to optimize demand, maximize rate, and minimize cost. Powered by leading Silicon Valley technologists and hospitality industry veterans, Duetto is where innovation and insight meet – to help the hotel industry create new standards of efficiency and profitability, and re-think how revenue management is done.
About Duetto Edge
Duetto Edge delivers powerful tools hospitality executives need to achieve profit goals and understand demand and revenue channels better than ever before.
Among the unique benefits of Duetto Edge:
- Cloud-based functionality: with no hardware or software to install and no implementation fees -- updates are automatic, free and frequent.
- On-demand visualizations: expose changing demand patterns so hoteliers can adjust pricing and channel strategies accordingly.
- Automated Alerts: notification of spikes in demand, competitor tactics, channel outages or rate parity discrepancies, and recommend corrective actions.
- Improved productivity: receive critical data and insights anywhere, anytime from a web browser, tablet or mobile device.
- Powerful algorithms: recommend actions to help hotel executives increase rates, expand occupancy and optimize channel mix.